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Wegmans-Anchored Shopping Center
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171 Market St, Collegeville, PA 19426

Providence Town Center is a Wegmans-anchored open-air retail center with multiple national tenants for lease.

Property Size1,398 SF
Days on Market1123

Property Features for 171 Market St

General Information

Standard status Active
Size 1,398 SF
Property subtype RETAIL

Building Details

Year Built 2009
Tenancy Multi
Listing Agency: KPR Centers (Katz Properties) - Corporate
Listed By: Dina Berlin-Blackstone
Source: Moodyscre
Added: Jul 4, 2023 Changed: Jul 25 Last Checked: Jul 30 at 1:43PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of KPR Centers (Katz Properties) - Corporate

Investment Insights

Based on property information with market context.

Providence Town Center is a 759,945-square-foot, open-air shopping center anchored by Wegmans and developed in 2008–2009. The property is highlighted by Wegmans, which occupies 133,589 square feet, along with a tenant lineup that includes Best Buy, Dick’s Sporting Goods, LA Fitness, Movie Tavern, HomeGoods, Old Navy, and Michaels. The center is operated as a destination retail asset with an estimated 7.9 million visitors annually.

Located at 171 Market St in Collegeville, Pennsylvania, Providence Town Center is positioned to benefit from the daytime population supported by approximately 1.6 million square feet of office space across from the center.

For leasing opportunities within a large, grocery-anchored retail environment, Providence Town Center offers a strong mix of experiential and value-oriented tenants within one consolidated retail destination.

Key Highlights

  • 759,945 SF Wegmans‑anchored open‑air shopping center in Collegeville, PA
  • Wegmans tenant occupies 133,589 SF; property developed in 2008–2009
  • Additional national tenants include Best Buy, Dick’s Sporting Goods, LA Fitness, Movie Tavern, HomeGoods, Old Navy, and Michaels

Property Analytics

Current Use

Soma Clothing & Fashion Store Jos A. Bank Clothing & Fashion Store Nirvana Float Gym & Fitness Center honeygrow Restaurant Amazing Lash Studio Hair Salon

Suggested Use

Top Pick Parking Lot & Garage (Bike/Boat/Book/etc) Store Food Market Cafe & Coffee Shop Grocery & Convenience Store Plumbing Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Multi-tenant
Tenancy
NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

415
Businesses Nearby
522k
Monthly Visits Nearby
Well-served
Demand for This Use

Foot Traffic Nearby

Dining 21% Groceries 21% Shops & Services 19% Apparel 19%
Wegmans Groceries
93,297 visits/mo 0.1 miles
DICK'S Sporting Goods Apparel
43,017 visits/mo 0.1 miles
HomeGoods Home Improvements & Furnishings
35,092 visits/mo 0.1 miles
Five Below Shops & Services
31,602 visits/mo 0.2 miles
Best Buy Electronics
31,089 visits/mo 0.1 miles

Demographics for 19426, PA

43,541
Population
14,136
Households
3.1
Avg Household Size
40
Median Age
53%
College-Educated
93%
High-School Grad
34.0 sq mi
ZIP Area
1,281
Density / Sq Mi
$151,030
Median Household Income
$62,482
Median Earnings
$1,932
Median Rent
$471,200
Median Home Value

Market

Vacancy Rate% for Retail in Northeast region

6% 2019
7.1% 2020
6.5% 2021
6% 2022
5.7% 2023
5.6% 2024
6% 2025
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Frequently Asked Questions

What type of property is this?
Shopping center - Providence Town Center is a Wegmans-anchored open-air retail center with multiple national tenants for lease.
Where is this shopping center located?
The property is located at 171 Market St Collegeville, PA.
What are key features of this property?
This property features: 759,945 SF Wegmans‑anchored open‑air shopping center in Collegeville, PA; Wegmans tenant occupies 133,589 SF; property developed in 2008–2009; Additional national tenants include Best Buy, Dick’s Sporting Goods, LA Fitness, Movie Tavern, HomeGoods, Old Navy, and Michaels
(609) 755-0099 Call to check price and availability
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